June 14, 2007

Gifts to Weill Medical Center Total $400 Million

Weill Cornell Medical College announced today gifts from Joan and Sanford I. Weill, the Maurice R. and Corinne P. Greenberg Family Foundation, The Starr Foundation and anonymous donors that add up to $400 million — pushing Weill Cornell’s “Discoveries that Make a Difference” campaign to $650 million, half of the campaign’s $1.3 billion goal.

It is believed that the $250 million dollar gift from Joan and Sanford I. Weill is the biggest donation ever given to a medical school. In addition to the $250 million granted to Weill Cornell, the Weills have pledged $50 million to Cornell’s main campus, bringing Weill family lifetime donations to Cornell to half a billion dollars. Combined at $300 million, the Weill donation is the largest gift ever given by a single individual to Cornell.

The Maurice R. and Corinne P. Greenberg Family Foundation and The Starr Foundation each donated $25 million, along with $100 million given anonymously. Maurice R. Greenberg serves as a member of the Board of Overseers of Weill Cornell, as well as the CEO of C.V. Starr and Company.
He is also Chairman Emeritus of New York-Presbyterian Hospital, which is affiliated with Weill Medical College.

The major gifts will also make up part of Cornell’s overall comprehensive campaign “Far Above,” launched by President David J. Skorton in October 2006.

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Former chief investigative judge of the Iraqi High Tribunal, Judge Ra’id Juhi Hamadi Al-Saíedi, will be a fellow at the Law School this year, Cornell announced yesterday. The Iraqi High Tribunal was set up to try people accused of crimes against humanity, including genocide, during the rule of Saddam Hussein from 1968 until the United States invaded in 2003.